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FHA Mortgage Limits. The U.S. Department of Housing and Urban Development is offering a record $330 million in grants to clean up lead-based paint hazards as well as correct other housing-related health and safety hazards in low-income housing.. Find the address of the HUD office near you.

CalHFA supports the needs of renters and homebuyers by providing financing and home loan programs that create safe, decent and affordable housing opportunities for low to moderate income Californians.

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Will 3% down payments boost millennial homeownership? How Millennials Are Buying Houses With Less Than 5% Down – How Millennials Are Buying Houses With Less Than 5% Down There are several good reasons to delay homeownership, but lack of a big down payment isn’t one of them. matthew frankel, CFP

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What is an FHA Loan? An FHA loan is a mortgage that’s insured by the Federal Housing Administration (FHA). They are popular especially among first time home buyers because they allow down payments of 3.5% for credit scores of 580+. However, borrowers must pay mortgage insurance premiums, which protects the lender if a borrower defaults.

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Continuing a series of discussions on homeownership, Tennessee Housing Development Agency’s Ralph Perrey and United Housing’s Amy Schaftein join High Ground to talk about down payment assistance programs, homebuyer education, and other state-supported initiatives making a difference in Memphis. Listen to the Podcast